CHENNAI:
Funskool India is targeting a revenue of $40million–$45million in the current fiscal of FY26.
It is capitalizing on the shifting global trade landscape and increasing preference for Indian manufacturing, the company said in a statement on Thursday.
The toy manufacturer posted around 20% YoY growth in FY25 at more than Rs 300 crore against Rs 255 crore in FY24.
The Chennai-headquartered firm contributes close to 20% of India’s total
toy exports, with exports to the US accounting for around 40% of its total outbound shipments. Exports grew by nearly 30% compared to the previous year, it added.
K A Shabir, CEO, Funskool India, said, "We are focused on deepening our partnerships with global toy brands and further positioning ourselves as a quality toy manufacturer in the international supply chain."
While it doubled the production capacity last year through major expansions at
Ranipet facility, further capacity additions are planned across its Goa and Ranipet plants.